CORONATION MERCHANT BANK RECEIVES ISO 27001:2013 CERTIFICATION FOR INFORMATION SECURITY MANAGEMENT

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Pix from left Mr Bamali Muhammed, Manager, Banking Supervision, Central Bank of Nigeria; Mr Abubakar Jimoh, MD/CEO, Coronation Merchant Bank; Mr Andrew Davidson, Deputy Head of Mission and Head of Prosperity, British Deputy High Commission;Mr Bako Samaila, Assistant Manager, Banking Supervision, CBN and Simileoluwa Oyediji, Senior Consultant, Digital Encode at the Coronation Merchant Bank official presentation of the ISO 27001:2013 Certificate on Information security held in Lagos on Tuesday. Photo Lamidi Bamidele

 
Coronation Merchant Bank, Nigeria’s premier investment and merchant banking brand, today was awarded the International Organization for Standardisation’s ISO 27001:2013 Certification for Information Security Management by the British Standard Institute (BSI). This ISO 27001:2013 certification signifies Coronation Merchant Bank’s adherence to the highest internationally recognised standards and stringent controls for managing data and protecting customer information across all the bank’s systems, processes and services. The BSI is a leading organisation in Audit Management Systems and Processes. The certifications, the bank said, are the world’s highest accreditation for Information Security and Service Management, and is coming on the heels of the upgrade of the Bank’s credit rating to A+ with a stable outlook by Nigeria’s foremost rating agency, Agusto & Co., last week.

In his comments, Abu Jimoh, Group Managing Director/CEO of Coronation Merchant Bank, said that the ISO 27001:2013 certification is an affirmation of Coronation Merchant Bank’s commitment to its vision of being Africa’s premier investment bank in the shortest possible time. According to him, “This certification is further attestation of our desire to run an institution that does not only ensure statutory functions of maintaining the integrity and confidentiality of customer information; but that will go a long way in enhancing a broad risk management structure that has the confidence of our customers  and other stakeholders. By this certification, we are making a clear statement of our capacity to not only minimize security breaches but also effectively predict and respond to security incidents whilst maintaining business continuity’’.

 

 

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